Brazilian retailer is offering to pay 4% over the benchmark interbank rate, as it continues to restructure debt
Category: Retail shopping
Posted inDaily Brief
Cencosud buys into Bogotá mall
Chilean retailer is expanding in Latin America after taking over US supermarket chain last year
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La Anónima buys supermarkets in expansion push
Argentine chain, long focused on Patagonia, acquires stores in the center and north of the country from Libertad
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XP advances on Iguatemi malls
Brazilian real estate fund acquires minority stakes in four upmarket shopping centers in São Paulo state and one in Porto Alegre
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Pague Menos prices second follow-on
Brazilian drugstore chain raises money in a deal that included a secondary offering by its main shareholder
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Garbarino fails to emerge from bankruptcy
Argentine retailer was unable to find a buyer or restructure its debt in order to avert the business’s demise
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GPA hires advisors, gains large investor
Local holding Bonsucex lifts its stake in the Brazilian supermarket chain as it moves to refinance short-term debt
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GPA’s local rating slashed on restructuring risk
Fitch says a debt restructuring by the Brazilian retailer is a possibility, as its access to the capital markets is restricted
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GPA in turmoil as debt soars
One of Brazil’s largest retailers says it needs to renegotiate its soaring debt amid doubts about the continuity of operations
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Parque Arauco to sell shares for expansion
Chilean shopping mall operator gets shareholder approval for follow-on offering